According to Golden Finance, according to the monitoring of the analyst Yuchen on the chain, it took 7 hours to slowly close the positions of small amounts and Hyperliquid's liquidation address finally closed the 160,000 ETH long positions (US$306 million) taken over from the "50x leverage whale on Hyperliquid". The 1915 US dollar took over, with an average price of US$1,895 US dollars. In order to digest the 160,000 ETH long positions, HLP Vault eventually lost 3.23 million US dollars.